Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services -- Ignore unavailable to you. Want to Upgrade?

To: VBH who wrote (6043)	3/12/1998 8:47:00 PM
From: CO	Read Replies (3) \| Respond to of 27968

I think the news tonight will be perceived as very positive. To be able to make such a quick move to NASDAQ, will be remarkable. Being listed on NASDAQ will draw a lot more attention to FAMH. Especially with an EPS of .36 cents. The share price will likely appreciate MUCH faster by being listed on NASDAQ, than if it remains as a OTC-BB stock. THINK ABOUT THIS: Ira estimated a minimum EPS of .25 to .30 for 1998. I would think that would translate into an estimate for 1998 of .92 to $1.10 eps post merger. NASDAQ stocks typically trade on FUTURE earnings. Taking the low figure .92 x 30 (industry multiple) = $27.60 The more I think about the merger, the more excited I get !! In my opinion, FAMH will draw a lot of new investors that refuse to invest in BB companies. It should also draw more attention from many brokers. Personally, I think the news is incredible. Also take a look at this post showing industry averages. It is possible that FAMH could trade at an even higher multiple than 30, when it moves to NASQAQ. Message 3610395 Cheryl